NOT LISTED FOR SALE

5051 E Desert Forest Trail Cave Creek, AZ 85331

Desert View Neighborhood

Estimated Value: $593,000 - $669,000

4 Beds
4 Baths
2,304 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $600,000 $260 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,461/month

Highlights

  • 1 Fireplace
  • Granite Countertops
  • Double Vanity
  • Black Mountain Elementary School Rated A-
  • Double Pane Windows
  • Cooling Available

About This Home

As of August 2024

Welcome to this exquisite 4-bedroom, 3.5-bath home spanning over 2,300 sq ft, located in the heart of Rancho Paloma. Arguably one of the finest homes in the neighborhood, it features 3 bedrooms and 2 baths upstairs, with an additional bedroom and 1.5 baths downstairs. Enjoy the brand-new carpet installed throughout the entire upstairs and staircase. The spacious kitchen, primary bedroom, living room, and family room offer plenty of room for comfort and entertainment. The tranquil backyard is a true retreat, complete with a gas fireplace, built-in BBQ, and newly updated synthetic grass, perfect for relaxing or hosting gatherings. This home is a blend of elegance and functionality, ready to be your new sanctuary.

Last Agent to Rent the Property

Derek Habbeshaw

AZ Residential Management LLC License #SA513705000 Listed on: 06/12/2024

Co-Listed By

James Dieter Fischer

AZ Residential Management LLC License #SA713029000

Last Renter's Agent

Nancy Kuzelka

ECLAT Real Estate License #SA540248000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 2018

Lot Details

  • 2,442 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Garage
  • Shared Driveway

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,304 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows

Kitchen

  • Built-In Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Double Vanity

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Built-In Barbecue

Schools

  • Black Mountain Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Hoamco Association, Phone Number (480) 987-6587
  • Built by KB HOMES
  • Rancho Paloma Subdivision

Listing and Financial Details

  • Property Available on 6/12/24
  • $100 Move-In Fee
  • 12-Month Minimum Lease Term
  • $45 Application Fee
  • Tax Lot 58
  • Assessor Parcel Number 211-37-715-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,608

Year Built

Built in 2018

Lot Details

0

Parking

2

Rental Info

  • HOA Paid By: Landlord
  • Available Date: 2024-06-12

Listing Details

  • Cross Street: Cave Creek Road & Rancho Paloma
  • Property Type: Residential Lease
  • Basement: N
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2018
  • Rental Info H O A Name: HOAMCO
  • Non Assistive Animals: Lessor Approval
  • Rental Info Rental Tax Percent: 3.0
  • Initial Move In Costs Admin Fee: 100.0
  • Initial Move In Costs Application Fee: 45.0
  • Lease Term Minimum Lease Term Months: 12
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.06
  • Co List Office Mls Id: azrd01
  • Co List Office Phone: 480-444-2574
  • Subdivision Name: RANCHO PALOMA
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Laundry Features Inside: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Water2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Furnished: Unfurnished
  • Spa Features: None
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Pantry
  • Living Area: 2304.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Granite Countertops: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Master Bathroom:Double Vanity: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Built-in Barbecue
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Wood Frame, Painted
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Exterior Features:Patio: Yes
  • Exterior Features:BBQ: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Shared Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Shared Driveway: Yes

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas
  • Laundry Features: Dryer Included, Inside, Washer Included, Upper Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: HOAMCO
  • Phone: 480-987-6587
  • Association: Yes
  • Pets Allowed: Lessor Approval

Schools

  • Elementary School: Black Mountain Elementary School
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Lot Size Sq Ft: 2442.0
  • Parcel #: 211-37-715-0

Building Info

  • Builder Name: KB HOMES

Tax Info

  • Tax Book Number: 211.00
  • Tax Lot: 58
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jun 7, 2024
Sold by
Kurtz Margaret Ann and Swanson Steven Christopher
Bought by
Jung Peter Michael
Seller's Agent
Derek Habbeshaw
AZ Residential Management LLC
Buyer's Agent
Nancy Kuzelka
ECLAT Real Estate
Sold Price
$2,795
Views
45
Current Estimated Value
$627,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,702
Avg. Annual Appreciation
2.94%
Original Mortgage
$420,000
Outstanding Balance
$416,580
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$206,830

Purchase Details

Listed on
Nov 27, 2018
Closed on
Apr 24, 2019
Sold by
Kb Home Sales Phoenix Inc
Bought by
Kurtz Margaret Ann and Swanson Steven Christopher
Seller's Agent
Kristine Smith
KB Home Sales
Buyer's Agent
Kristine Smith
KB Home Sales
List Price
$357,990
Sold Price
$357,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$320,309
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jung Peter Michael $600,000 Old Republic Title Agency
Kurtz Margaret Ann $357,990 First American Title Ins Co
Kb Home Sales Phoenix Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Peter Michael $420,000
Previous Owner Kurtz Margaret Ann $320,309
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented $2,795 -3.5% --
06/27/2024 06/27/24 Price Changed $2,895 -3.3% $1 / Sq Ft
06/19/2024 06/19/24 Price Changed $2,995 -9.1% $1 / Sq Ft
06/12/2024 06/12/24 For Rent $3,295 0.0% --
06/07/2024 06/07/24 Sold $600,000 0.0% $260 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
02/18/2024 02/18/24 Price Changed $600,000 -4.6% $260 / Sq Ft
02/01/2024 02/01/24 Price Changed $629,000 -1.6% $273 / Sq Ft
01/26/2024 01/26/24 Price Changed $639,000 -1.5% $277 / Sq Ft
01/11/2024 01/11/24 For Sale $649,000 +81.3% $282 / Sq Ft
04/25/2019 04/25/19 Sold $357,990 0.0% $155 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $357,990 0.0% $155 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
12/14/2018 12/14/18 Price Changed $357,990 0.0% $155 / Sq Ft
11/27/2018 11/27/18 For Sale $358,041 -- $155 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,608 $24,363 -- --
2024 $1,346 $23,203 -- --
2023 $1,346 $43,360 $8,670 $34,690
2022 $1,308 $34,530 $6,900 $27,630
2021 $1,394 $33,400 $6,680 $26,720
2020 $1,362 $31,200 $6,240 $24,960
2019 $1,314 $25,250 $5,050 $20,200
2018 $32 $1,275 $1,275 $0
2017 $31 $585 $585 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6718103

Arizona Regional Multiple Listing Service (ARMLS)

APN: 211-37-715